Loan Census Banking News and Information
May 10, 2024  
 
 
  Business Loan Information  
 

SBA Lender Midland Park New Jersey

 

 
Loan Census SBA Loan Info

Small Business Loans for Commercial Lithographic Printing

Looking for small business loans for commercial lithographic printing? Try the SBA. This $150,000 commercial lithographic printing loan was issued by a New Jersey bank.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Unity Bank, out of Clinton, New Jersey. The loan was granted and they received $150,000 to help grow their Midland Park, New Jersey business.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL LITHOGRAPHIC PRINTING
Midland Park, NJ 07432

SBA Loan Lender

UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

323110 - Commercial Lithographic Printing

Loan Approval Date

10/18/2007

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Determining Proper Capital Structure for a Business

Best Banks for Small Business in Clinton, New Jersey

New Jersey SBA 7A Banks